Western Union and PETNET Inc. expands via LBC branch network

Last October 19, 2017, Western Union a leader in global payment services and PETNET or Pera  Hub ,launches their partnership with LBC Branch Network in the Philippines so that our OFW would likely be given a more faster service specially on money transfer transaction with their family here in the Philippines wherever it may be. With the additional 1,200 new agent locations. The expansion follows an agreement with PETNET,  Inc., also known as Pera Hub, Western Union's largest network in the Philippines and its sub-Agent LBC.



More than 1200 LBC branches nationwide will now payout money transfers received from more than 200 countries and territories. Western Union currently has 5,900 agent locations across the Philippines as of July 2017.

The Philippines is the third largest recipient of remittances globally. Overseas Filipino Workers send their hard earned money to families back home, to pay for urgent needs, regular family expenses , education, or medical expenses.

"At Western Union we are committed to moving money for better , providing fast, reliable and convenient money transfers across all 81 provinces in the country. This collaboration will make it even more convenient for our customers to access Western Union global money transfers with the addition of LBC as a sub Agent of our long standing principal Agent PETNET Inc.," said Jeffrey Navarro, Western Union Country Director.

According to a recent data provided by Bangko Sentral ng Pilipinas , remittances from January to July of this yea totaled $16.1 Billion , an increase of 5.0% . With the Christmas season around the corner, remittances are expected to grow through the end of this year.

PETNET changed its name to PERA HUB in April , 2016 to better described its portfolio of services. Its branch network is geared towards the services of Western Union with products such as bills payment and Money Changing. It's retail brand Pera Hub provides a one stop shop for pera loan, pera palit, pera travel pera pay, pera protect and pera load.

LBC is the market leader in retail and corporate courier, cargo and logistics services. To date, it has a network in over 30 countries.






























































































































































































































































































































































































































































































































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